Cryptocurrency Q&A How does money move in crypto?

How does money move in crypto?

CharmedWhisper CharmedWhisper Mon Jan 06 2025 | 7 answers 1499
I'm curious about the Flow of money in the cryptocurrency world. How does it actually move from one place to another? What are the processes and mechanisms involved in crypto transactions? How does money move in crypto?

7 answers

HallyuHeroLegendaryStarShine HallyuHeroLegendaryStarShine Wed Jan 08 2025
These payments exist solely as digital entries in an online database.

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RobertJohnson RobertJohnson Wed Jan 08 2025
Each entry in this database describes a specific transaction.

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TaegeukChampionCourage TaegeukChampionCourage Wed Jan 08 2025
When individuals or entities transfer cryptocurrency funds, the transaction details are meticulously recorded.

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Lorenzo Lorenzo Wed Jan 08 2025
Cryptocurrency payments differ significantly from traditional physical money.

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Sebastiano Sebastiano Wed Jan 08 2025
This recording process ensures transparency and accountability in the cryptocurrency market.

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